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The study by Renault underscores how the French automaker is pushing ahead with electrification plans even as it extends unresolved negotiations with its partner Nissan Motor about investing in an EV unit it plans to carve out from its other operations. It also points to the shifting perception of the auto market in India, which posted the fastest growth of any major market in 2022.
The Elon Musk-led company has set a long-term goal of increasing its deliveries by 50 percent a year on average. Tesla regularly says the objective may fluctuate based on operations and in a statement Monday, it noted “significant Covid and supply chain-related challenges” had affected its 2022 output. Production was suspended at its Shanghai plant for several weeks during the course of last year due to Covid restrictions.
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